An Australian businessman has been accused of misleading investors after his crypto firm collapsed. Christopher Flinos was banned in the Cayman Islands …
Allegations
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Nasdaq-listed Bitcoin miner Mawson Infrastructure Group Inc. has reportedly dismissed its CEO, Rahul Mewawalla, amid allegations of fraud and breach of fiduciary …
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Markets
Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations
by shayaanby shayaan“Please don’t fall for misinformation,” Indian crypto exchange CoinDCX’s Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved …
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Scams
Solana memecoin rallies nearly 5,000% within hours despite rug pull allegations
by shayaanby shayaanaura, a Solana-based memecoin, surged from $1 million to $50 million in market cap within 4 hours today, but a crypto scam …
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Web3
$TRUMP Coin Dinner: High Stakes, Hefty Price Tags, and Heated Allegations
by shayaanby shayaanA recent contest offering a seat at a dinner table with former President Trump has stirred the pot, mixing cryptocurrency enthusiasm with …
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Regulation
German Police Seize $38,260,000 in Crypto From eXch Amid Allegations the Exchange Laundered Hacked ByBit Funds
by shayaanby shayaanGerman law enforcement has seized tens of millions of dollars in digital assets from eXch, a controversial crypto exchange facing allegations that …
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Regulation
Telegram and Toncoin (TON) Founder Pavel Durov Responds to Allegations of Collaboration with the European Union After Being Detained
by shayaanby shayaanTelegram and Toncoin (TON) founder Pavel Durov has disputed French media claims that his brief detention in France last year was meant …
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Regulation
Binance Founder CZ Hits Back at ‘Smear’ Allegations He Gave Evidence Against Justin Sun in Plea Deal
by shayaanby shayaanFormer Binance CEO Changpeng Zhao, who goes by CZ, and Tron founder Justin Sun strongly denied a Wall Street Journal report claiming …
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This is a segment from The Drop newsletter. To read full editions, subscribe. Abstract, the Ethereum L2 blockchain that claims it’s “leading …
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Regulation
Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations
by shayaanby shayaanHONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, …